# ITT to acquire SPX FLOW from Lone Star Funds for $4.775 billion

ITT agreed to acquire SPX FLOW from Lone Star Funds for a total consideration of $4.775 billion in cash and equity. The deal values SPX FLOW at 14.2x forecast 2026 adjusted EBITDA, and ITT expects $80 million in run-rate cost synergies by year three.

- Type: Acquisition
- Announced: 2025-12-05
- Where: Charlotte, North Carolina, United States
- Value: $4.78B
- Status: announced
- Products: pumps, valves, mixers, flow and process solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SPX FLOW](https://endata.com/companies/852.md) (target)
- [ITT Inc.](https://endata.com/companies/4662.md) (acquirer)
- [Lone Star Funds](https://endata.com/companies/8698.md) (investor)
- [Lone Star Funds](https://endata.com/companies/8698.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20251205389091/en/ITT-to-Acquire-SPX-FLOW-Significantly-Expanding-Leadership-Position-in-Highly-Engineered-Components-and-Adjacent-Flow-Technologies), 2025-12-05: "ITT Inc. has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW for a total consideration of $4.775 billion in cash and equity."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/private-equity/itt-agrees-to-buy-lone-stars-spx-flow-in-4-8-billion-deal), 2025-12-05: "ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. Lone Star Funds in a $4.775 billion cash and stock deal."
- [privateequityinternational.com](https://www.privateequityinternational.com/lone-star-to-sell-manufacturer-spx-flow-to-itt-inc-for-4-7bn/), 2025-12-05: "The transaction is expected to close by the end of the first quarter of 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.